Morgan Stanley transferred 500 BTC to a certain address this morning, suspected to be the first time BTC has been transferred out.

Jinse Finance reported that, according to Arkham monitoring data, Morgan Stanley's Bitcoin Exchange Traded Fund MSBT transferred 500 Bitcoins, worth approximately $38.86 million, to an address “3E1CbH” eight hours ago. This address was created a week ago and, after receiving the BTC, transferred it to another address “bc1q4m”. Monitoring data indicates that this transaction is suspected to be Morgan Stanley's first Bitcoin transfer out. Currently, the number of BTC held in its marked Bitcoin holding addresses has decreased to 1,713, valued at approximately $133.17 million.